$3,550,000
$3,650,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
4,698 SqFt
SOLD DATE : 09/02/2022
Key Details
Sold Price $3,550,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,698 sqft
Price per Sqft $755
Subdivision Atlantic Heights
MLS Listing ID A11252082
Sold Date 09/02/22
Style Fourplex
Construction Status Effective Year Built
HOA Y/N No
Year Built 1939
Annual Tax Amount $22,857
Tax Year 2021
Contingent No Contingencies
Property Description
MIAMI BEACH – M Boutique Hotel – Renovated 12-unit apart-hotel in North Beach, offering 11 suites in the main building and a 1BED/1BATH villa in the rear – all with fully equipped kitchens. The property includes a welcome lobby, office, storage room, laundry room, and garden sitting area. Sale includes the real estate and a successful hotel business with very good guest reviews and repeat clientele from all over the world. Renovated in 2011/2012 with impact windows and doors, new split A/C, plumbing and electrical systems, the building is recertified until 2029. Town center zoning allows for additional 15,000+ SF of development in a booming neighborhood with new mixed-use projects planned, two blocks from the beach.
Location
State FL
County Miami-dade County
Community Atlantic Heights
Area 32
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Barrel
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 2
Sewer Other
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 02-32-11-001-0290
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Real Estate Owned
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